Hi All!
As IMC treasurer, I’m supposted to publish prospective budgets, and retrospective reports on each period. This is the first retrospective report.
To follow along, please look at the dashboard at https://dune.com/rp_community/imc. Shoutouts to:
- @drworm for their query work (you can see more good stuff on https://dune.com/drworm/rocketpool)
- @sleety for the awesome logo (you can see it bigger at https://dune.com/rp_community)
So. How are we looking?
- We saw a ~doubling in the order size you can place with a 1% impact (about 5265 ETH at the end of the period). This is, imo, the most critical metric for us to track.
- Total liquidity has gone from 14.4k to 21.3k at the end of the period, with the vast majority of the gains coming on balancer, where we’ve been incentivizing
- We saw some improvement in our peg early, then since the merge hit our market rate has been tracking the burn/mint rate very closely. Good stuff.
- We significantly underspent our budget by about 2k RPL. This is because we didn’t get a concentrated liquidity trial off the ground, nor did we get to do any co-incentives as we’d hoped.
- Just to set expectations: do not expect changes this big next period – we are going to be largely maintaining with little additions or variations.
If you want full details, down to transaction hashes, head to the “1 - actual” tab in IMC tracking - Google Sheets